Cloverland Electric

About Cloverland Electric

Cloverland Electric provides electricity to 5 counties and is classified as an electricity cooperative. Electricity providers must regularly report the number of customers they have to government agencies. In the most recent report the provider reported a total of 43,483 customers being supplied electricity by the company. Around 82.51% of these are residential accounts, 17.48% are commercial customers and 0.02% are industrial accounts. Cloverland Electric's consumers are charged an average residential electricity price of 14.54 cents per kilowatt hour. This is 7.72% lower than the US average price of 15.76 cents, which ranks the supplier 1889th lowest for average electricity rate out of 2892 suppliers in the country. Of the 778,619 megawatt hours Cloverland Electric sold and dispossessed, 732,175 were via sales to end users. The electricity produced in the company's power plants made up 210,471 of the megawatt hours sourced by the company and the purchase of wholesale electricity made up an additional 568,148 megawatt hours. In 2022 they had total electricity related revenue of $87,933,300, with 97.36% coming from retail sales and 0.12% from wholesale electricity sales.

The average monthly residential electric bill for a customer of Cloverland Electric is $93.92. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it to end customers. The provider is the 72nd largest producer of hydroelectric power out of 3526 companies in the United States. The supplier generates 97.73% of their total production, which is 205,922 megawatt hours, from renewable fuels.